With reference to BRIC countries, consider the following statements: 1. At present, China’s GDP is more than the combined GDP of all the three other countries. 2. China’s population is more than the combined population of any two other countries. Which of the statements given above is/are correct?

Statement 1: At present, China’s GDP is more than the combined GDP of all the three other countries. As of recent data, China's GDP is roughly 18-19 trillion USD. The combined GDP of India (approx. 3.7 trillion USD), Brazil (approx. 2.1 trillion USD), and Russia (approx. 2.2 trillion USD) is around 8 trillion USD. China's GDP is indeed significantly more than this combined figure. So, statement 1 is correct. Statement 2: China’s population is more than the combined population of any two other countries. China's population is around 1.425 billion. India's population is around 1.428 billion (recently surpassed China). Brazil's population is around 0.215 billion, and Russia's is around 0.145 billion. - If we combine India and Brazil: 1.428 + 0.215 = 1.643 billion, which is more than China's population. - If we combine India and Russia: 1.428 + 0.145 = 1.573 billion, which is more than China's population. Since the statement says "any two other countries," and we found combinations that exceed China's population, this statement is incorrect. Therefore, only statement 1 is correct. The final answer is A